Report: Las Vegas home prices dip slightly as inventory rises in March
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Las Vegas home prices have dipped slightly, with the median price of existing single-family homes sold in March being $480,000, down 1 percent from the previous year. The number of properties available for sale has increased, with 6,456 single-family homes listed for sale without any offers, up 19.2 percent from the previous year.
The median price of existing single-family homes sold in Las Vegas in March was $480,000. This is down 1 percent from the previous year. The median price of condos and townhomes was $295,000, down 3.8 percent from the previous year. The number of properties available for sale has increased, with 6,456 single-family homes listed for sale without any offers. This is up 19.2 percent from the previous year. A total of 2,806 existing homes, condos, and townhomes were sold in March, with sales up 6.8 percent for homes but down 9.1 percent for condos and townhomes.
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